Community Shares are a form of democratic finance. They are withdrawable non-transferable shares in community projects or enterprises serving a community purpose. The main attraction for community A promise by a borrower (the issuer) to repay money to an investor (the bondholder) usually with interest (the coupon). The issuer borrows money by selling bonds to bondholders; the issuer receives the money and the bondholder receives a promise from the issuer to repay the debt at a later date, with interest investors is the community return that the investment brings. The face value of the shares does not change. Investors receive interest, but the interest is dependent upon the performance of the project or enterprise. This type of capital can only be raised by co-ops and community benefit societies (BenComs).